Teamster members are taking action now to protect our pensions from dangerous proposed legislation that makes it easier for multi-employer plans to cut retirement benefits.
Your urgent action is needed to contact the leaders of the Senate’s Health Education Labor and Pensions (HELP) Committee — and your Congressional Reps and Senators — to ask them to stand up for our retirement security.
he Red Zone Amendment to the Pension Protection Act would allow troubled pension plans to cut benefits that members have already accrued—and even cut the benefits of Teamsters who have already retired for less than one year.
The Pension Protection Act contains many positive provisions. It is supported by the IBT leadership, as well as UPS. But the dangerous Red Zone Amendment was added at the last minute to the House version of the bill (HR2830). This bill will now be considered by the U.S. Senate. The Act should be passed, but without this amendment.
TDU urges you to contact the Chairman and Ranking Democrat of the Senate HELP Committee to urge them to pass the bill without the Red Zone Amendment.
You can also contact your Senators by email or phone. All the information you need is just a click away.
The Red Zone Amendment threatens guarantees that have protected millions of workers from pension cuts. The anti-cutback provisions of ERISA make it illegal to cut benefits that employees have already accrued. Only future pension accruals can be cut.
We know that once a past gain is given away, it is hard to restore it. Help keep the anti-cutback provisions in ERISA. Tell Congress to pass the pension act without the Red Zone Amendment.
Click Here: to take action to protect your pension by emailing the leaders of the Senate HELP Committee.
Click Here: to download a sample fax to Senator Enzi
Click Here: to download a sample fax to Senator Kennedy
After you contact the leaders of the Senate’s HELP Committee, click below to find out how to contact the senators from your home state.
Click Here: to find out how to contact the senators from your state
Senate Considering Bill With a Dangerous Provision
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